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On-Site Coverage: NCUA Predicts Large CU Failures in 2010

By Heather Anderson

SAN DIEGO -- So far, the credit unions that have failed as a result of the economic downturn have had relatively few assets; however, the NCUA told San Diego Town Hall attendees today that will change next year.

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October 04, 2009

NAFCU Offers Guide to Credit Card Regulations

Credit unions that want additional information on relevant sections of the Federal Reserve's proposed rules for implementing additional provisions of the Credit CARD Act can access a breakdown of provisions of the rules at NAFCU's Compliance Blog.

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October 04, 2009

On-Site Coverage: NCUA Predicts More OTTIs from WesCorp

SAN DIEGO -- Because it purchased so many "front loaded" investments, Western Corporate Federal Credit Union is expected to report significant permanent impairments in the near future.

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October 04, 2009

CUNA Distributes Material for Grassroots Effort on Interchange

CUNA's "little guy," will soon be at it again on behalf of credit unions on Capitol Hill, this time to fight efforts to restrict interchange fees.

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October 04, 2009

Latham Issues Apology on 5300 Comments

Alabama's top credit union regulator has had to apologize for what he said were printed claims and "misunderstandings" about board actions in the $193 million Mutual Savings collapse and state takeover.

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October 01, 2009

PrimeWay Offers Hope With LaidoffinHouston.com

With unemployment at an all-time high, PrimeWay Federal Credit Union is doing its part to help locals cope.

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October 01, 2009

KV FCU Did Not Collect Member Vote, CEO Says

The $54 million KV Federal Credit Union did not ask the firm that tabulated votes in recent charter change balloting for either the total numbers of ballots cast or the number of votes for each side, according to KV FCU CEO Beverly Beaucage.

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October 01, 2009

NAFCU Announces Layoffs

NAFCU announced that it laid off three full-time employees today and is eliminating one part-time position by year-end. Additionally, another vacant position will be eliminated.

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Top News Stories

On-Site Coverage: NCUA Predicts Large CU Failures in 2010

SBA: Recovery Act Sparks Loan Volume Turnaround

On-Site Coverage: NCUA Might Allow Corporates to Require PIC

Recommended Just For You

News Stories

NAFCU Offers Guide to Credit Card Regulations

On-Site Coverage: NCUA Predicts More OTTIs from WesCorp

CUNA Distributes Material for Grassroots Effort on Interchange

Latham Issues Apology on 5300 Comments

PrimeWay Offers Hope With LaidoffinHouston.com

KV FCU Did Not Collect Member Vote, CEO Says

NAFCU Announces Layoffs